Analysts present
mixed sentiments towards the investment narrative of
Consolidated Edison (ED). Amid rising energy costs, the company's proposal for a double-digit hike in utility rates receives backlash and is referred to as
ratepayer rip-offs. However, prospective earnings growth and positive outlooks for long-term value hold promise. The common stock dividend and public offering of common shares are important occurrences, even as the stock faces some technical headwinds. Haunted by
public outrage over proposed rate increases, offerings, and analyst downgrades, it continues to declare dividends, strengthening its position. Some analysts remain bullish on the stock, with Scotiabank raising its target _price despite some financial quarters missing estimates. Attention to
regulatory hurdles and calls for accountability in the face of high utility costs have impacted its resilience and overall public image. While
Wall Street sentiment remains divided, some analysts maintain sell ratings, and others see the potential for passive income generation for investors. The potential future, however, appears promising, with expectations that the company will outperform in 2025 and beyond.
Consolidated Edison ED News Analytics from Tue, 03 Dec 2024 08:00:00 GMT to Sat, 23 Aug 2025 11:09:54 GMT -
Rating -4
- Innovation -4
- Information 5
- Rumor 5
